$500k and 33years old, when is enough enough?

[jstoesz]

To the original poster I have a question.

What if the shit hits the fan in 10 years, and you crash two cars, your house burns down, you both get a treatable form of cancer…etc. Can you rejoin the high fliers if if you leave, or are you done?

Because if there is someway you could keep your foot in the door. Like contract work or consulting or something, I would do that. Because, at the end of the day, money doesn’t make you happy, but in the hands of a wise man, it certainly makes life easier.

I have contemplated leaving engineering many times, buying a cabin in the woods,and getting a job in the mountains, cutting wood, or snow surveying or something. But at the end of the day, I know that will bore me too.

[an]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]
Can you pick a place with better school than Brooklyn Park?

[an]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]
Can you pick a place with better school than Brooklyn Park?

[an]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]
Can you pick a place with better school than Brooklyn Park?

[an]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]
Can you pick a place with better school than Brooklyn Park?

[an]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]
Can you pick a place with better school than Brooklyn Park?

[Eugene]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]

Brooklyn Park does not seem to be much cheaper than Mira Mesa, rent-wise:

http://minneapolis.craigslist.org/hnp/apa/2121925294.html
http://minneapolis.craigslist.org/hnp/apa/2122118059.html
http://minneapolis.craigslist.org/hnp/apa/2121981653.html

Taking that last one, it can be rented for 1450/month or bought with a monthly payment of around 1175/month, assuming 20% down, 4.5%, etc. etc. A comparable house in Mira Mesa could be rented for 1800 or bought for 1700. So, like I said, the question is whether you’re willing to tolerate Minnesota climate to save $500/month (and really even less, since most of the mortgage payment is tax deductible).

[Eugene]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]

Brooklyn Park does not seem to be much cheaper than Mira Mesa, rent-wise:

http://minneapolis.craigslist.org/hnp/apa/2121925294.html
http://minneapolis.craigslist.org/hnp/apa/2122118059.html
http://minneapolis.craigslist.org/hnp/apa/2121981653.html

Taking that last one, it can be rented for 1450/month or bought with a monthly payment of around 1175/month, assuming 20% down, 4.5%, etc. etc. A comparable house in Mira Mesa could be rented for 1800 or bought for 1700. So, like I said, the question is whether you’re willing to tolerate Minnesota climate to save $500/month (and really even less, since most of the mortgage payment is tax deductible).

[Eugene]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]

Brooklyn Park does not seem to be much cheaper than Mira Mesa, rent-wise:

http://minneapolis.craigslist.org/hnp/apa/2121925294.html
http://minneapolis.craigslist.org/hnp/apa/2122118059.html
http://minneapolis.craigslist.org/hnp/apa/2121981653.html

Taking that last one, it can be rented for 1450/month or bought with a monthly payment of around 1175/month, assuming 20% down, 4.5%, etc. etc. A comparable house in Mira Mesa could be rented for 1800 or bought for 1700. So, like I said, the question is whether you’re willing to tolerate Minnesota climate to save $500/month (and really even less, since most of the mortgage payment is tax deductible).

[Eugene]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]

Brooklyn Park does not seem to be much cheaper than Mira Mesa, rent-wise:

http://minneapolis.craigslist.org/hnp/apa/2121925294.html
http://minneapolis.craigslist.org/hnp/apa/2122118059.html
http://minneapolis.craigslist.org/hnp/apa/2121981653.html

Taking that last one, it can be rented for 1450/month or bought with a monthly payment of around 1175/month, assuming 20% down, 4.5%, etc. etc. A comparable house in Mira Mesa could be rented for 1800 or bought for 1700. So, like I said, the question is whether you’re willing to tolerate Minnesota climate to save $500/month (and really even less, since most of the mortgage payment is tax deductible).

[Eugene]

[quote=jstoesz]I would probably say, Brooklyn Park is the nearest comparison I can think of. Developed in the 70’s and 80’s 20 mins from DT and the home size and construction is probably similar.

But you are comparing rental prices…which is not a fair comparison. Because Minneapolis at today’s prices nearly always cash flows…san diego, not so much. We are talking about purchasing right?[/quote]

Brooklyn Park does not seem to be much cheaper than Mira Mesa, rent-wise:

http://minneapolis.craigslist.org/hnp/apa/2121925294.html
http://minneapolis.craigslist.org/hnp/apa/2122118059.html
http://minneapolis.craigslist.org/hnp/apa/2121981653.html

Taking that last one, it can be rented for 1450/month or bought with a monthly payment of around 1175/month, assuming 20% down, 4.5%, etc. etc. A comparable house in Mira Mesa could be rented for 1800 or bought for 1700. So, like I said, the question is whether you’re willing to tolerate Minnesota climate to save $500/month (and really even less, since most of the mortgage payment is tax deductible).

[Hobie]

even less when you back out increased heating costs.

[Hobie]

even less when you back out increased heating costs.

[Hobie]

even less when you back out increased heating costs.

[Hobie]

even less when you back out increased heating costs.

[Author]

Posts